What has happened to the pickles brand?

Kraft Heinz announced on March 13, 2022 that it had acquired the Pickles brand from J.M. Smucker Co. for $2.75 billion. The deal is expected to close in the second quarter of 2022.

Pickles is a leading brand of pickles in the United States. The company was founded in 1906 and is headquartered in Napoleon, Ohio. Pickles products are sold in supermarkets and grocery stores across the country.

Kraft Heinz is a global food and beverage company. The company is headquartered in Chicago, Illinois, and has operations in more than 200 countries. Kraft Heinz owns a number of well-known brands, including Heinz, Kraft, Oscar Mayer, and Jell-O.

The acquisition of Pickles will strengthen Kraft Heinz's position in the pickle market. Pickles is a well-established brand with a strong customer base. The acquisition will also give Kraft Heinz access to Pickles' production and distribution facilities.

Kraft Heinz plans to continue to operate the Pickles brand as a standalone business. The company plans to invest in the brand to grow its market share.